- Haus Services, a real estate co-investor company that is offering liquidity and affordability to homeowners, announced it has raised $15.75 million in Series A funding round
Haus Services, a real estate co-investor company that is offering liquidity and affordability to homeowners, announced it has raised $15.75 million in Series A funding round led by BlueRun Ventures and was joined by Assurant Growth Investing, Leap Global Partners, Correlation Ventures, and H.Barton Asset Management. And existing investors Expa, Montage Ventures, and RIT Capital also participated.
This funding round will be used for funding the company’s growth to meet the demand of cash-strapped homeowners seeking to reduce their payments and tap home equity. And with this new funding round, Jonathan Ebinger of BlueRun Ventures will join Haus’s board of directors.
The new funding round will enable Haus to partner with even more homeowners throughout California, Washington, and Oregon. And the company’s co-investing platform presents an entirely new way to own a home.
And Haus invests alongside the owner and in exchange, homeowners get instant access to their equity and discounted monthly payments. After homeowners partner with Haus, a customized dashboard tracks the value of their property and allows them to buy more equity anytime or cash out with funds delivered in days.
“Since we launched our platform last July, the team has been united in our mission to bring flexibility and savings to homeowners with instant access to their equity and lower monthly payments. With what’s happening right now due to COVID-19, people are struggling more than ever. Many have lost their jobs, they’re using up their savings to make their payments. Haus makes the trials of owning a home easier to navigate, and we’re happy that with this investment, we’ll be able to offer relief to additional owners through these uncertain times.”
– Jonathan McNulty, CEO of Haus
“Haus has taken an entirely new approach at how home financing can work, and they’re using it to create more flexibility for homeowners. To be able to partner with a team that’s redefining the way people own homes, offering liquidity and making ownership more manageable – especially when it’s become unmanageable for so many – is very exciting for us.”
– Jonathan Ebinger, BlueRun Ventures General Partner